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  "documentTitle": "Palliser Capricorn Presentation October 2022",
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      "text": "Capricorn's administrative function can be streamlined to a level consistent with its size and relative simplicity",
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      "text": "Near-Term Upside Available from Cost Savings (US$ million)",
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      "text": "Based on our analysis, Capricorn could deliver at least US$29 million of annual run-rate pre-tax cost savings by the end of 2023\nThis would bring overheads in line with sector peers\nBy pursuing this step immediately, Capricorn could unlock additional value of 32 pence per share",
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      "text": "Source: Company disclosures. (1) Based on US$29 million of annual run-rate pre-tax cost savings by the end of 2023; assumed US$14 million run-rate G&A required on a point forward basis and adjusted for one-off costs to realise savings",
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      "kind": "title",
      "text": "Right-Sizing the Capricorn Organization",
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